Italy: Welcome To The Family Business

The bronze bust of Diodato Ferraioli gazes sternly at the humming canned fruit and tomato factory he built near Naples. He would never have imagined that La Doria, which he founded in 1953, would be anything but a 100% family-owned concern. However, Ferraioli's eldest son, 41-year-old Antonio, in early November raised $20 million by selling off 30% of La Doria on the Milan stock exchange. "I don't feel I've lost anything--I still have all my fingers," he jokes.

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